RBI MPC kees repo rate unchanged at 6.5%, inflation for FY25 at 4.5%
Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting on Friday announced the policy rate unchanged at 6.5 per cent.
Investments made by India Inc abroad declined by 49.05 per cent in October to $1.35 billion from $2.65 billion in September 2017.
According to data released by Reserve Bank of India (RBI) in its “Summary of Outward Foreign Direct Investment (OFDI) – October 2017” on November 13, the annual overseas investment in October declined by 57.81 per cent on a year-on-year basis.
The overseas investment stood at $3.20 billion in October 2016.
Advertisement
Advertisement
